Vital Football

Meet Pompey's New CEO - David Lampitt

Meet Pompey's New CEO - David Lampitt

A couple of weeks ago as fans representatives we put a number of questions to new Pompey Ckief Executive David Lampitt. Johnny Moore the club`s Press & Supporters Liaison Officer put the questions to David and here are his answers -

1. What is the current position regarding former board members at Fratton Park and any ongoing roles they may have at the club?

Former chief executive Peter Storrie was retained by the Administrators as a consultant for the club. He is assisting with player sales but is no longer at the club or involved in its day-to-day management. We understand there are concerns about the involvement of past directors and the new CEO is working to ensure the Club has an appropriate management structure going forward.

2. Will there be an investigation into past transactions at the club?

The Administrators are currently investigating the conduct of the directors and the affairs of the company. In addition, the liquidator of the company will also investigate once the club is put into liquidation.

3. What will happen to future revenue streams like parachute payments, income from player sales and television rights?

These income streams all form part of the business plan to take the Club forward. The funds will be used to meet the club`s ongoing obligations including, for example, the CVA payments to creditors, the payment of football creditors, as well as the day-to-day running costs of the Club.

4 What is the process of selling the club once it comes out of the CVA?

If the CVA is approved the joint administrators would seek to transfer the business and assets of the club into a new company.

The new company would then trade as the football club in the Championship and would be obliged to pay contributions to meet the requirements of the CVA.

5 If Balram Chainrai chose to take his money out of the business how would this happen?

Any new owner is required to provide proof of funding to the Football League before the membership of the League is transferred. Mr Chainrai is owed money by the company and there are a number of ways that this could be returned to him, for example through repayment out of working capital, payment from proceeds of any future sale of the club, or the amounts could be repaid as part of a refinancing of the debt.

6 Why did David Lampitt take this particular job?

David considers his appointment a personal and professional challenge. During seven years at the FA he oversaw key areas of work including the promotion of good governance at football clubs. As such the role at Pompey gives him the opportunity to put his experiences into practice as he seeks to rebuild the club on sound financial and moral footings.

David has said that his decision to take on the challenge was also influenced by the fact that he sees the club as having some of the key building blocks for the rebuilding process in that it has a fantastic supporter base which has shown remarkable character in extremely testing circumstances, and a loyal and dedicated staff. He has said that restoring trust between the fans and those running the club is a key foundation on which the new Pompey needs to be built.

7 Will the tax charges against the former Portsmouth owner Milan Mandaric and other ex-employees impact on the club?

It is unlikely that the outcome of these charges will have any implications for the club, either in a legal or footballing context. We would very much hope that the club under new ownership and management will be able to move forward from past events on a new footing.

8 What other appointments onto the board are likely?

It is too early to say. These decisions would be made by the new company whose creation is proposed if the CVA is approved.

9 What is the position regarding the appointment of a manager and the signing of new players?

We are in advanced discussions in relation to the managerial appointment; potential new signings have been identified and the recruitment process is also underway.

10 Considering the club`s precarious financial position, who is paying David Lampitt`s salary?

David`s salary is a normal trading cost borne by the administration of the club. David was brought in to assist the Administrators with the day-to-day running of the Club.

11 Andrew Andronikou says selling the club to Balram Chainrai is 'Plan B` if no one-else steps in. Given that the club can remain in administration for the duration of next season, will the club only sell to Chanrai as a last resort if the search for a buyer fails to unearth anyone else?

Keeping the club in administration for a lengthy period of time is not an ideal scenario for a number of practical reasons, not least cost. The priority is to find a new owner as soon as possible to provide the club with the stability it needs to move forward.

Obviously these answers came before the today`s news of the CVA being agreed but I hope they give fans some more information. David has asked to meet fans representatives over the coming weeks and the club plans to continue meeting with all fans groups including those such as Northern Blues and South West and South Wales when on the road.


Click here to join in the debate on the club forum.

Date:Thursday June 17 2010
Time: 8:03PM


David Lampitt appears to be on of the few other good things that have happened to the club lately. (Other than the CVA being agreed). Good luck to him, he can start to move us forward soon I hope.
17/06/2010 20:29:00
I don't really want to hear from Johnny yes Pete; that's not the article writers problem though; but I want to hear from the man Lampitt himself. Investigations won't turn up anything until the club is luquidated in 2011 and only then will charges under company law happen if HMRC take the case; so let's not hold our breath. Indeed if HMRC get Storrie and Harry in September I don't expect either them or the club to expend anymore money chasing an investigation unless Willie Mckay is on the end of it. To put this interview into perspective Storrie is no longer at the club; he may not have a desk but he is still arranging player contracts on behalf of the club. I'll say no more than that.
18/06/2010 00:45:00
I hope he carrys on as he has started, keep meeting the fans, keep transparency, let us know whats relevant...Thats relevant....and shut Andy up!
19/06/2010 13:16:00
Page 1/1
  1. 1

Login to post a comment

Recent Portsmouth Articles

Another loan for Oxlade-Chamberlain

As I think we all know by now Oxlade-Chamberlain is the son of former Pompey winger Mark Chamberlain and the brother of Arsenal's & England international Alex Oxlade-Chamberlain.

Cook - Notts County another tough game

Pompey's form at Fratton has been impressive this season with our home return coming against Notts County off the back of wins at Leyton Orient and a point at Plymouth last Saturday.

Tollitt confident he'll have a Pompey future

Cook's already said the loan Tollitt is undertaking with Tranmere doesn't mean an end to his Pompey career as this isn't a forerunner to a Blues exit in the New Year.

Vital Pre-Match - League 2, 22nd October

The 2016-17 season continues with the latest round of matches this weekend, which will see us among those having a match in this upcoming schedule with three-points the aim of course.

Archived Vital Pompey Articles

Vital Pompey articles from

Site Journalists

Editor email
Editor email
no email
no email

Current Poll (see more polls)

Pompey v Notts County
Suggested By: pompeyrug
Pompey win46%
Notts County win45%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Plymouth 13 9 2 2 29 10
2 Doncaster 13 8 2 3 26 10
3 Carlisle 13 6 7 0 25 9
4 Luton 13 6 4 3 22 9
5 Portsmouth 13 6 3 4 21 7
6 Grimsby 13 6 2 5 20 1
7 Accrington 13 5 4 4 19 1
8 Crewe 13 4 7 2 19 0
9 Crawley 13 5 4 4 19 -1
10 Morecambe 13 6 1 6 19 -6
11 Mansfield 13 4 6 3 18 1
12 Notts County 13 5 3 5 18 0
13 Colchester 13 4 4 5 16 -1
14 Hartlepool 13 3 7 3 16 -2
15 Yeovil 13 5 1 7 16 -6
16 Wycombe 13 4 3 6 15 -3
17 Blackpool 13 3 5 5 14 2
18 Stevenage 12 4 2 6 14 -2
19 Cheltenham 13 2 7 4 13 -2
20 Exeter 13 4 1 8 13 -5
21 Cambridge 13 3 4 6 13 -6
22 Leyton Orient 13 3 3 7 12 -4
23 Barnet 12 2 6 4 12 -6
24 Newport 11 1 4 6 7 -6
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Portsmouth Results (view all)

Portsmouth Fixtures (view all)

Oct 22 2016 3:00PM : Notts County (H)
Sky Bet League Two
Oct 29 2016 3:00PM : Cambridge United (a)
Sky Bet League Two
Nov 12 2016 3:00PM : Mansfield Town (H)
Sky Bet League Two
Nov 19 2016 3:00PM : Cheltenham Town (a)
Sky Bet League Two
Nov 22 2016 7:45PM : Luton Town (a)
Sky Bet League Two
Nov 26 2016 3:00PM : Stevenage (H)
Sky Bet League Two

Vital Members League Table

Write for Vital Football